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Quan and Leslie both witnessed a car crash,but their stories do not match.Quan is 10 years old,was in close physical proximity to the accident,and is very confident in his description of the accident.Leslie is 45,was talking on her phone when the accident happened,and is less sure of herself when answering questions.Leslie also mentions that she has seen several car accidents at this intersection and that it is very dangerous.Based on the evidence presented in the chapter,who should be trusted? Include the pros and cons of trusting each witness.
Economies Of Scale
A situation in which the cost per unit of output decreases as the scale of production increases, due to factors such as operational efficiencies and synergies.
Renewable Natural Resources
Resources that can be replenished naturally over time, such as solar energy, wind energy, and biomass.
Natural Capital
The world's stocks of natural assets, including geology, soil, air, water, and all living organisms, which provide humans with a wide range of services.
Fossil Fuels
These are natural fuels such as coal, oil, and natural gas, formed from the remains of living organisms and used for energy.
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